Binance US is a digital asset exchange created by international cryptocurrency exchange, Binance. The company launched the US-based exchange in September 2019.
Binance US is designed to comply with United States regulations, while providing the same features as the original Binance exchange.
The launch of Binance US comes as part of Binance’s wider expansion into the United States market. In June 2019, Binance announced its intention to open a fiat-to-cryptocurrency exchange in America.
The company also revealed that it had applied for a Money Transmitter License (MTL) in the state of New York.
NOTE: WARNING: Binance US has not been officially approved by the U.S. Securities and Exchange Commission (SEC). Therefore, trading on Binance US carries a certain level of risk associated with it. Users should ensure that they conduct their own research and due diligence before investing in any digital asset.
Binance US is available to residents of 40 states and Washington D.C., with more states expected to be added in the future.
The exchange currently supports trading of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH). Binance US has plans to add more coins to its platform in the future.
So far, Binance US appears to be a legitimate exchange that is compliant with United States regulations. The exchange has been welcomed by the cryptocurrency community in America and is off to a good start.
Only time will tell if Binance US can maintain its momentum and become one of the leading cryptocurrency exchanges in the United States.
5 Related Question Answers Found
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. Binance US is a subsidiary of Binance and provides a similar platform for trading cryptocurrencies to US-based customers. While both platforms offer similar services, there are some key differences between them.
Binance US is a US-based cryptocurrency trading platform launched in 2019. The platform is operated by Binance Holdings Ltd.
, the world’s largest cryptocurrency exchange by trading volume. Binance US is available to residents of all 50 states and Puerto Rico.
Binance US, the American branch of the world’s largest cryptocurrency exchange, is now live. The launch has been highly anticipated by crypto enthusiasts in the US, as it finally gives them access to one of the most popular exchanges in the world. But is Binance US a good investment?
Binance and Binance US are two of the most popular cryptocurrency exchanges on the market today. Both exchanges offer a wide variety of coins and tokens to trade, as well as a variety of features and perks that make them attractive to users. However, there are also some key differences between the two exchanges that users should be aware of.
Binance US, a subsidiary of the popular cryptocurrency exchange Binance, launched in September 2019. The exchange is available to users in the United States and supports trading in a variety of digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more. Binance US is led by CEO Catherine Coley, who has over 10 years of experience in the payments industry.
